Summary - The Interchange, Sheldon B26 3BW
1 bed 1 bath Apartment
Long lease investment with parking and lift access near strong transport links.
- No onward chain, available for quick completion
- Fourth-floor apartment with lift access
- Long lease: c.195 years remaining
- Allocated off-street parking space included
- Compact living: total 357 sq ft (small)
- Service charge £1,594.56 pa; ground rent £250 pa
- Heating by electric room heaters; EPC rating D
- Area records very high crime; consider security/insurance
A no‑chain, fourth‑floor one‑bed apartment offering a long lease and ready rental appeal. The open-plan kitchen/diner/living area and contemporary finishes make the flat easy to let or resell in a city setting.
Practical features include lift access, one allocated off-street parking space and a secure entry system. The 195‑year lease provides ownership stability; service charge (£1,594.56 pa) and ground rent (£250 pa) are payable and should be factored into running costs.
Be clear on the drawbacks: the overall footprint is small (357 sq ft), heating is by electric room heaters and the EPC is rated D. The property sits in a location with very high recorded crime — relevant for tenant screening and insurance.
This apartment suits investors seeking a straightforward city-let or buyers wanting a low‑maintenance pied-à-terre. Good nearby transport, shops and local schools increase letting prospects, but budget for the service charge, electric heating costs and any security or retrofit work you may want to carry out.
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